Who uses payday loans in Canada?
December 4, 2008 | customers, industry, international | Comments (1)Interesting facts on this website about average payday loan customers in the frozen north:
- 38 years old
- 77% are employed full time
- Nearly half (46 percent) have completed post-secondary education
- 39% reported income of $50,000 or more
- Overall household income on par or ahead of general population
- 39% of customers reported household income in the $50,000 or more
Now, please, no comments from our Canadian readers about the “frozen north” reference. This is a blog, we’re mean and snarky.
Update: Link fixed.
Comments»
Life’s too short to be mean and snarky my American friend. For additional studies, polling, and survey results check out the Canadian Payday Loan Association website!